Form 990 for tax year 2024
Filed by JACK G BUNCHER CHARITABLE FUND FORTHE AMER JEWISH JOINT DIST COMMITTE.
Totals
- Total revenue
- $1,333,040
- Total expenses
- $1,150,000
- Contributions and grants received
- $500,000
- Grants paid
- $1,150,000
- Program service revenue
- $0
- Investment income
- $833,040
- Other revenue
- $0
- Total assets, end of year
- $15,855,467
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $15,855,467
- Program services expenses (Part IX)
- $1,150,000
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,150,000
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$500,000
-
3 · Investment income
total $742,400 · excluded $742,400
-
7a · Gross sales of assets other than inventory
securities $90,640
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $90,640
-
7d · Net gain or loss
total $90,640 · excluded $90,640
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,150,000 · program services $1,150,000
Balance sheet
Part X, book values.
-
12 · Investments: other securities
beginning of year $15,503,520 · end of year $15,855,467
-
27 · Net assets without donor restrictions
beginning of year $15,503,520 · end of year $15,855,467
Mission and programs · 2024
Mission
The Organization provides support to JDC to advance the mission and programs of the JDC for programs relating to: children in crisis - providing food, clothing, education, medical and winter relief; elderly - providing food, homecare, clothing, (cont. on sch. O) housing and heating; young parents and other adults - providing food, job training, rent subsidies and winter relief.
Activities or mission (Part I)
To advance the mission and programs of the American Jewish Joint Distribution (cont on sch O) Committee, Inc., programs relating to: children in crises, elderly, young parents & other adults.
-
Reaching the Most Vulnerable Jews - Welfare in the FSU and Ukraine:Across the FSU, tens of thousands of elderly Jews face daily struggles with extreme poverty. Without savings, and often without any family to help them, they try to manage on meager government pensions that cannot cover even basic food, medication and utilities. The crisis in Ukraine has made the situation worse, sending prices soaring across the region. The Jack Buncher Charitable Fund's support goes towards JDC's humanitarian efforts in Ukraine, as well as ongoing welfare throughout the region. JDC cares for poor Jews in the region through its (see Sched. O) network of 62 welfare centers that reach clients in over 2,000 locations in 11 countries across the FSU. During 2024, JDC helped ensure lifesaving aid for over 70,600 impoverished elderly Jews - 66,776 elderly Jews received food support, including bank cards for purchasing groceries/medication, food packages, meals on wheels, hot lunches and holiday food packages; 22,014 elderly Jews received homecare services, the most fragile clients received a total of 22,770,970 hours of assistance with daily tasks such as bathing, dressing, shopping, cooking and cleaning; 18,842 elderly Jews received medical care including medicines, medical services and loans of medical equipment; 42,094 elderly Jews received winter relief, warm clothing and blankets, subsidies to cover utility bills and wood and coal for heating. Aid for Struggling Jewish Families in Argentina:Since the early 2000s, when Argentina's economic crisis began ushering in an extended period of hyperinflation and unemployment, JDC has provided immediate relief and longerterm support to the country's most vulnerable Jews, in collaboration with local organizations.According to government statistics, inflation - which had remained in the double-digits for nearly ten years - hit more than 200% by the close of 2023. Basic necessities are unaffordable, jobs with decent wages are scarce, and more than 50% of the population lives under the poverty line. Lower middle-class families, who are not eligible for state welfare, have been hardest hit by the economic downturn.The economic reality has been especially challenging for Jews who live in small Jewish communities in the Argentinian provinces outside of Buenos Aires. With some communities located far from urban centers, employment opportunities are very limited, and poverty is extremely widespread.The aid provided by the Jack Buncher Charitable Fund has become a lifeline. In 2024, 839 people (346 families) received monthly food aid and 206 people (97 families) received monthly housing stipend.JDC is also working to strengthen the capacity of 14 of Argentina's small Jewish communities, toward achieving self-sufficiency and decreasing their reliance on outside support. This is carried out through a community development and leadership training program that helps Jewish professional and lay leaders build their skills and capabilities and share best practices.Global Jewish Welfare:Around the world, tens of thousands of Jews live in a state of poverty. JDC - throughout its decades of existence, and to this very day - has committed to doing everything in its power to raise impoverished Jews out of their state of privation, restore their dignity, and give them hope.In eastern Europe, Latin America, Africa, Asia, and the former Soviet Union, JDC delivers life-saving relief and social services to the neediest Jews living in dire conditions in places where nearly no other social services exist. JDC carries out this work in partnership with local Jewish communities, while building their capacity to support their own needy members in the long term. JDC leverages existing programs, knowledge, and relationships so these communities can become more self-sufficient. In the future, the hope is to see local communities more prepared and capable of taking increasing responsibility for this life-saving work by providing services autonomously and maximizing volunteer networks.Support from the Jack Buncher Charitable Fund gives JDC the agility and flexibility to meet ever changing and emerging needs, and apply welfare funds where they are needed most around the world.
Expenses $950,000 · Grants $950,000
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Optimizing the JDC Archives:The JDC Archives is a treasured historical time capsule that documents for posterity the remarkable story of our organization's indelible impact on the global Jewish journey. Every year, the Archives serves as an authoritative historical resource for approximately 700 formal research requests - and tens of thousands more who explore the Archives online to discover their own family roots. JDC's collections include more than three miles of text documents, 150,000+ images, 6,000 books, 1,000 artifacts, 600 films, and 2,700 video/audio recordings. The digital materials cover 4 million pages of text documents, 70,000 photographs, and 200 films.More than these quantitative benchmarks, the Jewish (see Sched. O) people rely on JDC's archival collections for authentic snapshots of the global Jewish experience.JDC is working to optimize the Archives, to keep it thriving and accessible to modern audiences. The project will curate, unite and digitize JDC's two major archival collections, one in New York and one in Jerusalem, toward ensuring that millions of digital assets documents, photographs and films can be easily located.
Expenses $200,000 · Grants $200,000
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Annie Sandler
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Thomas J Balestrieri
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ophir Singal
Treasurer
- Total calculated
- $589,310
- From this org
- $0
- From related orgs
- $516,670
- Other
- $72,640
- Hours/week
- 1 + 43 related
Schedule J breakdown matched by us
- Base
- $0 + $428,202 related
- Bonus
- $0
- Other
- $0 + $88,468 related
- Deferred
- $0 + $18,454 related
- Nontaxable benefits
- $0 + $54,186 related
- Filer's total
- $0 + $589,310 related
-
Mark Sisisky
President
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Ariel Zwang
Vice Chair
- Total calculated
- $897,783
- From this org
- $0
- From related orgs
- $793,245
- Other
- $104,538
- Hours/week
- 1 + 43 related
Schedule J breakdown matched by us
- Base
- $0 + $703,285 related
- Bonus
- $0
- Other
- $0 + $89,960 related
- Deferred
- $0 + $46,000 related
- Nontaxable benefits
- $0 + $58,538 related
- Filer's total
- $0 + $897,783 related
-
Joseph M Jackovic
Director
- Total calculated
- $0
- Hours/week
- 1
-
Howard M Reiger
Director
- Total calculated
- $0
- Hours/week
- 1
-
Asher Ostrin
Former Vice President
- Total calculated
- $311,723
- From this org
- $0
- From related orgs
- $311,723
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $0 + $311,723 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $311,723 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 3
- This organization operates with the administrative support of the American Jewish Joint Distribution Committee ("JDC"). By virtue of this administrative support, the policies of the JDC apply to this organization. JDC's Human Resources Committee meets periodically to review and approve salaries and benefits of officers and key employees, as well as the overall annual compensation budget for the organization. Information is obtained from recent Form 990 filings of other comparable nonprofit organizations and shared with the committee. All members of the committee are independent directors/trustees of JDC for the purposes of performing compensation review.
- Part I, Line 4b
- Supplemental pension plan: Beginning in 2018, JDC provides additional benefits under the non-qualified supplemental pension plan ("SERP"). During 2024, Ophir Singal accrued benefits of $55,888 in the SERP. Deferred compensation: JDC offers its executive managers a non-matching deferred compensation plan. Participants can opt to defer a portion of their salary into an independently managed investment account owned by JDC. During 2024, the following individuals made the contributions below which has been reported as taxable compensation on Schedule J, Part II, Column B (iii): Ophir Singal: $30,000 Ariel Zwang: $86,000.
- Part II:
- In 2024, Asher Ostrin, former Director and Officer of the Organization, received $197,327 in deferred compensation and $114,396 in SERP distributions. The payments were related to services performed entirely outside of the U.S. for Buncher's related organization. The payments were not subject to U.S. tax withholding.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
American Jewish Joint Distribution Committee
$1,150,000
charitable welfare
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
(1)The American Jewish Joint Distribution Committee
501(c)(3) · see part VII · NY
-
(2)Swergold Family Foundation for Children
501(c)(3) · see part VII · DE
Directly controlled by AJJDC
-
(3)The Thalheimer Family - JDC Support Fdn
501(c)(3) · see part VII · DE
Directly controlled by AJJDC
-
(4)Charity Fund JDC
see part VII · RS
Directly controlled by AJJDC
-
(5)Intl Social Orgn AJJDC Inc
see part VII · UP
Directly controlled by AJJDC
-
(6)Intl Public Organization United Joint
see part VII · UP
Directly controlled by AJJDC
-
(7)The American JJDC Inc Center
see part VII · UP
Directly controlled by AJJDC
-
(8)Public Orn Joint in the NE Reg of Ukr
see part VII · UP
Directly controlled by AJJDC
-
(9)AJJDC Moldova
see part VII · MD
Directly controlled by AJJDC
-
(10)Local Charity Fund Joint
see part VII · BO
Directly controlled by AJJDC
-
501(c)(3) · see part VII · IS
Directly controlled by AJJDC
-
(12)The Maurice & Vivienne Wohl Charitable Fdn
see part VII · VQ
Directly controlled by AJJDC
-
(13)Joint Bulgaria Association
see part VII · BU
Directly controlled by AJJDC
-
(14)JDC Estonia Sihtausutus
see part VII · EN
Directly controlled by AJJDC
-
(15)Fundacja JDC Poland
see part VII · PL
Directly controlled by AJJDC
-
(16)AJJDC - Europe
see part VII · SP
Directly controlled by AJJDC
-
(17)The AJJDC Deutschland EV
see part VII · GM
Directly controlled by AJJDC
-
(18)Public Organization Halom
see part VII · UP
Directly controlled by AJJDC
-
(19)The AJJDC (UK) Trust
see part VII · UK
Directly controlled by AJJDC
-
(20)Jewish Charity Foundation Beyteinu
see part VII · UP
Directly controlled by Int'l Soc OR
-
(21)Leatid France
see part VII · FR
Directly controlled by AJJDC - Paris
-
(22)AJJDC Paris
see part VII · FR
Directly controlled by AJJDC
-
(23)Associata JDC-RO
see part VII · RO
Directly controlled by AJJDC
-
(24)Indian Joint Trust
see part VII · IN
Directly controlled by AJJDC
-
(25)JDC Switzerland Association
see part VII · SZ
Directly controlled by AJJDC
-
(26)Malben Institute
see part VII · IS
Directly controlled by AJJDC
-
(27)ELKA
see part VII · IS
Directly controlled by Joint Israel
-
(28)JDC Latin American Foundation
see part VII · UY
Directly controlled by AJJDC
-
(29)AJJDC Europe Asia and Africa
see part VII · HU
Directly controlled by AJJDC
-
(30)JDC Hungary Foundation
see part VII · HU
Directly controlled by AJJDC
-
(31)Association Joint Distribution Committee
see part VII · MO
Directly controlled by AJJDC
-
(32)Taub Center
see part VII · IS
Directly controlled by AJJDC
-
(33)Solomonica JCC Dnepropetrovsk
see part VII · UP
Directly controlled by AJJDC
-
(34)Jewish Cultural Center Solomonika
see part VII · UP
Directly controlled by AJJDC
-
(35)Wohl BVI Limited
see part VII · VQ
Directly controlled by AJJDC
-
(36)Jewish Cultural Center Kedem
see part VII · MD
Directly controlled by AJJDC
-
(37)Jewish Distribution Committee in Georgia
see part VII · GG
Directly controlled by AJJDC
-
(38)Community Jewish Cultural Center Beith Ross
see part VII · UP
Directly controlled by AJJDC
-
(39)International Public Organization Jewish Joint Center for Development)
see part VII · UP
Directly controlled by AJJDC
-
(40)JDC International Ltd
see part VII · IS
Directly controlled by AJJDC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
(1)AJJDC Real Estate Company Limited
C · Property Mgt · CY
-
(2)Charitable Gift Annuity Trust (44)
T · Gift Annuity · NY
-
(3)Charitable Remainder Annuity Trust (3)
T · Annuity Trust · NY
-
(4)Menora LLC
C · see part VII · UP
-
(5)Solomonica LLC
C · see part VII · UP
-
(6)Beith Dan LLC
C · see part VII · UP
-
(7)Dekel LLC
C · see part VII · RS
-
(8)AREC Moldova
C · see part VII · MD
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503179349310360
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